Valentines day is usually a day of love.
For TSLA, Valentines of 2024 was a story of hate.
Markets go through cycles. They feel the absolute euphoria in the peak, and get suicidal in the bottom.
When you tell them what they want, they treat you like a god. Some have certainly praised me.
When you tell them what you objectively see, they despise you. Some have certainly hated me.
TSLA is in a dilemma. Return on the trend or die.
To solve this dilemma, we must look at the past.
Fortunately for us, we have seen such price action before.
The same happens now.
Those who don't learn history are doomed to repeat it.
TSLA has had a very bad couple of years.
-- It has recently lost its seat in the FAB-7.
-- Extreme inflation in Lithium challenged car production.
-- Lithium companies are reaching a bottom.
-- A clear trend breakdown.
There are two ways to interpret triangles. One bullish one bearish.
Bad events have two ways to interpret.
-- A weak stock may lead to more weakness.
-- A weak stock is already weak and doesn't have much room downwards.
In the end, it is up to TSLA to regain traction. And it is up to your belief in it to stay alive.
Tread lightly, for this is hallowed ground.
-Father Grigori
P.S. Me telling you that TSLA is bullish right after a trend break is absurd. Nobody sane would like what I say. Truth is hard to listen to. To hate me more, I will keep tell you what you don't want to hear.
I am armed and dangerous. You must send me to jail.
I am not here for you to like me. I am here for you to hate me, no matter the cost.
For TSLA, Valentines of 2024 was a story of hate.
Markets go through cycles. They feel the absolute euphoria in the peak, and get suicidal in the bottom.
When you tell them what they want, they treat you like a god. Some have certainly praised me.
When you tell them what you objectively see, they despise you. Some have certainly hated me.
TSLA is in a dilemma. Return on the trend or die.
To solve this dilemma, we must look at the past.
Fortunately for us, we have seen such price action before.
The same happens now.
TSLA has had a very bad couple of years.
-- It has recently lost its seat in the FAB-7.
-- Extreme inflation in Lithium challenged car production.
-- Lithium companies are reaching a bottom.
There are two ways to interpret triangles. One bullish one bearish.
Bad events have two ways to interpret.
-- A weak stock may lead to more weakness.
-- A weak stock is already weak and doesn't have much room downwards.
In the end, it is up to TSLA to regain traction. And it is up to your belief in it to stay alive.
Tread lightly, for this is hallowed ground.
-Father Grigori
P.S. Me telling you that TSLA is bullish right after a trend break is absurd. Nobody sane would like what I say. Truth is hard to listen to. To hate me more, I will keep tell you what you don't want to hear.
I am armed and dangerous. You must send me to jail.
Comment:
AAPL is having similar price action to TSLA. Both of them are conservatively bullish. This accumulation that is shaping into these stocks could last many months however.
After accumulation and spring, we have preliminary supply (circles)
Comment:
MA cross is a trap.
Comment:
Higher is not always better.
Don't listen to me. I don't know the basics of "technical analysis"
Shhhhh... You never saw it. You never saw me.
Shhhhh... You never saw it. You never saw me.